COMPANIES.
No. 58 of 1911.
2135
to acquire, hold and dispose of lands in the Colony as if it were a company incorporated under this Ordinance.
(3) Subject to the provisions of this section, any company incorporated outside the Colony shall have power to acquire, hold and dispose of lands in the Colony as if it were a company incorporated under this Ordinance.
PART X.
SUPPLEMENTAL.
Legal proceedings, offences, etc.
254. All offences under this Ordinance made punishable Prosecution by any fine may be prosecuted under the Magistrates Ordinance, of offences.
1890.
Ordinance No. 3 of 1890.
8 Edw. 7, c. 69, s. 276.
8 Edw. 7.
255. The magistrate imposing any fine under this Ordinance, may direct that the whole or any part thereof be Application of fines. applied in or towards payment of the costs of the proceedings, c. 69, s. 277. or in or towards rewarding the person on whose information or at whose suit the fine is recovered, and subject to any such direction all fines under this Ordinance shall notwithstanding anything in any other Ordinance be paid to the
Treasurer.
certain
256. Where a limited company is plaintiff in any action Costs in or other legal proceeding, any judge having jurisdiction in action by the matter may, if it appears by credible testimony that limited there is reason to believe that the company will be unable companies. to pay the costs of the defendant if successful in his defence, c. 69, s. 278. require sufficient security to be given for those costs, and may stay all proceedings until the security is given.
8 Edw. 7.
pay fine.
*
257. (1) If any company fails to pay the whole or any Penalty for part of any fine or penalty imposed by a magistrate under failure to this Ordinance within one month of the day on which the said fine or penalty was imposed, the Registrar of Companies shall publish in the Gazette and send to the company by post a notice that at the expiration of two months from the date of such notice the name of the company mentioned therein will, unless the said fine or penalty be sooner paid, be struck off the register and the company will be dissolved.
*
As amended by Law Rev. Ord., 1924.
Page 135
Page 136
COMPANIES.
No. 58 of 1911.
2135
to acquire, hold and dispose of lands in the Colony as if it were a company incorporated under this Ordinance.
(3) Subject to the provisions of this section, any company incorporated ontside the Colony shall have power to acquire, hold and dispose of lands in the Colony as if it were a company incorporated under this Ordinance.
PART X.
SUPPLEMENTAL.
Legal proceedings, offences, de.
254. All offences under this Ordinance made punishable Prosecution by any fine may be prosecuted under the Magistrates Ordi- of offences.
1890.
mance,
8 Edw. 7, c. 69, s. 276. Ordinance No. 3 of 1890.
8 Edw. 7.
255. The magistrate imposing any fine under this Ordi- Application nance, may direct that the whole or any part thereof be of fines. applied in or towards payment of the costs of the proceedings, c. 69, s. 277. or in or towards the rewarding the person on whose informa- tion or at whose suit the fine is recovered, and subject to any such direction all fines under this Ordinance shall notwith- standing anything in any other Ordinance he paid to the
Treasurer.
certain
256. Where a limited company is plaintiff in any action Costs in or other legal proceeding, any judge having jurisdiction in action by the matter may, if it appears by credible testimony that limited there is reason to believe that the company will be unable companies. to pay the costs of the defendant if successful in his defence, e. 69, s. 278. require sufficient security to be given for those costs, and may stay all proceedings until the security is given.
8 Edw. 7.
pay fine.
*
257. (1) If any company fails to pay the whole or any Penalty for part of any fine or penalty imposed by a magistrate under failure to this Ordinance within one month of the day on which the said fine or penalty was imposed, the Registrar of Companies shall publish in the Gazette and send to the company by post a notice that at the expiration of two months from the date of such notice the name of the company mentioned therein will, unless the said fine or penalty be sooner paid, be struck off the register and the company will be dissolved.
*k
As amended by Law Rev. Ord., 1924.
Page 135Page 136
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